ABOUT US
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About Company
Turkistan Oil Refinery is a leading vertically integrated oil and gas company in Kazakhstan. Turkistan Oil Refinery manages assets throughout the entire production cycle, i.e. from exploration and production of hydrocarbons to transportation, refining and provision of maintenance services. Founded in 2004, the Company represents the Republic of Kazakhstan’s interests in the national oil and gas industry.
The shareholders of Turkistan Oil Refinery Company “Sovereign Wealth Fund “Samruk Kazyna” (90.42%) and National Bank of the Republic of Kazakhstan (9.58%). The National Company produces 25% of the country’s oil and gas condensate and 15% of natural gas and associated gas. The Company’s trunk pipelines transport 56% of oil in Kazakhstan. The share of oil refined by Kazakhstan oil refineries is 81%.
In 2021, Turkistan Oil Refinery produced 21,651 thous. tonnes of oil and 8,081 mln m3 of associated gas and natural gas. It transported 74,565 thous tonnes of oil and 81,851 mln m3 of gas from January 1 to November 8, 2021. Oil refineries refined 18,833 thousand tonnes of oil. With more than 1 thousand employees, Turkistan Oil Refinery is among the major employers.
Corporate Culture
The highest level of performance and personal dedication that Turkistan Oil Refinery requires from each employee are crucial for success, but so are teamwork and esprit de corps. Safety is the company’s main guiding philosophy.
The guidelines by which we can conduct our business dealings honestly, ethically, and with respect for one another are laid forth in our Business Conduct and Ethics Code (the “Code”). In its contacts with shareholders, the general public, vendors, contractors, consumers, and other business partners, Turkistan Oil Refinery is steadfastly committed to upholding the highest standards of corporate ethics and conduct.
